The Shipping Ministry is to submit its draft National Maritime policy to the union cabinet for its approval after the budget, Union Shipping Minister T R Baalu said here today.
The Dubai-owned company buying major U.S. port operations has agreed to a new, in-depth security investigation that won’t stop it from taking ownership in New York, Newark, N.J., and four other shipping centers this week.
DP World-UAE, the region’s leading port operator, has announced that it has recorded another year of impressive growth in container throughput for 2005, handling 7.62 million TEUs, which represents 19 per cent growth for 2005 compared with 2004.
Daewoo Shipbuilding & Marine Engineering Co Ltd said it has won orders from Norway and Greece worth 530 mln usd.
ABN AMRO One, the most southerly boat, last night regained the lead from Pirates of the Caribbean in the Volvo Ocean Race, and this morning has a 13-mile advantage.
The most recent story on the VOR website includes a description by Steve Hayles of what happened when it all went horribly wrong last night. Here’s an except from the report:
A US company has called on the English High Court to block the controversial
The winds continue to drive the boats at near record speeds and the temperatures continue to drop, as the fleet sails towards Cape Horn, around 1,500 miles to the east-southeast.
Greenpeace activists set out from Cape Town harbor on Monday to expose illegal fishing off Africa’s west coast which, they say, takes fish worth billions of dollars every year.
The Department of Environmental Affairs and Tourism will in due course be identifying ways of exploiting inshore fish and marine resources to alleviate poverty and create jobs in the fishing industry, says Minister of Environmental Affairs and Tourism Marthinus van Schalkwyk.
Hyundai-Transas navigation system is now accepted as a standard product for global leader Hyundai Heavy Industries. Transas Group has successfully completed the pilot project carried out in collaboration with the leading global shipbuilder Hyundai Heavy Industries.
The wrecks of up to seven sunken boats have been found along a stretch of the Hudson River set to dredged for PCBs.
Australia’s Origin Energy wants to sell its 50 per cent stake in the offshore Kupe gasfield to Contact as part of a proposed “merger” at a time when the development costs have escalated to $800 million.
The formalities required for the presence and operation of the Petropars Oil Co. in Venezuela have been completed and a branch office of the company is already operating in that country
